Camarillo MLS listings – homes sold in February

Here are the February sold statistics for Camarillo in our new expanded 14 month format. The homes sold and condos sold data comes from Camarillo MLS listings.

Filed under article topic: 2009 Solds,Homes sold
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Ventura MLS listings – homes pending (in escrow) in February

Ventura real estate activity is directly reflected in  homes pending that have gone into escrow. This data is taken directly from the Ventura MLS and provides a monthly and quarterly summary since January 2007.

Filed under article topic: 2009 Pendings,Pending home sales
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Oxnard MLS listings – homes pending (in escrow) in February

Oxnard real estate activity is directly reflected in  homes pending that have gone into escrow. This data is taken directly from the Oxnard MLS and provides a monthly and quarterly summary since January 2007.

Filed under article topic: 2009 Pendings,Pending home sales
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Camarillo MLS listings – homes pending (in escrow) in February

Camarillo real estate activity is directly reflected in homes pending that have gone into escrow. This data is taken directly from the Camarillo MLS and provides a monthly and quarterly summary since January 2007.

Filed under article topic: 2009 Pendings,Pending home sales
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COE+1 (huh?) and the “17 day thing”

confused-monkeyRealtors can use all sorts of acronyms, buzz words – stuff that only those of us in the business understand. COE stands for Close of Escrow. The +1 (or 2 or 3) means the seller gets to stay in their (former) home after escrow has closed – meaning it’s now on the buyer’s dime! But why would a seller want to stay in their (former) home after escrow has closed? And why has the “17 day thing” changed all the old ways of doing things? Read the rest of this article »

Filed under article topic: Home buyers,Home sellers
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Sunday afternoon out at the hangar

attaching-wing-tip1I hadn’t worked on the Tiger Moth for several weeks and was getting antsy. But on Sunday afternoon I made it back out to Camarillo airport to continue working on attaching the wing tip bow, but when I looked closely at my previous work – arrrrhhh…!

I had carefully epoxy’d it to those triangular pieces off the main and rear spars, used bungee cords and clamps to secure it tightly, but… Read the rest of this article »

Filed under article topic: Tiger Moth
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Treasury Department issues loan modification rules

bubble-reduced-house1The U.S. Treasury Department just issued rules this morning allowing troubled homeowners the opportunity to do a loan modification.

A parallel story line is that the House is coming closer to voting on legislation (maybe tomorrow?) that would allow bankruptcy judges to “cram down” loan terms on lenders. One potential provision to this legislation is that homeowners must first have attempted to do a loan modification prior to seeking relief in bankruptcy court.

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Filed under article topic: Foreclosures,Mortgages/Interest rates
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Oxnard MLS inventory in decline

On Friday I met with an investor who owns a number of rental properties by the SeaBee base. I told him, “I’ve got good news and I’ve got bad news”. The good news is that inventory is way down from last summer. The bad news (for investors like him) is that property values have plunged. Here is detailed data of active listings, homes in escrow, and sold listings for a micro section of Oxnard:  Read the rest of this article »

Filed under article topic: Home buyers,Investors
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